Kargo Raises $42 Million in Series B
· Source: thesaasnews.com
In short
Kargo, an industrial AI company specializing in supply chain and logistics automation, has secured $42 million in Series B funding led by Avenir. The investment will accelerate deployment of Kargo's AI platform across warehouses and logistics centers, expand enterprise adoption, and enhance agentic AI applications for back-office workflows. The company's solutions use computer vision and hardware sensors to automate warehouse operations, optimize dock scheduling, and extend automation to financial reconciliation and customer service.
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In the issue of week 52, 2025: AI-Driven Edge Automation Delivers 40%+ Productivity and Rapid ROI in Supply Chains
Tags: warehouse, automation, funding, computer-vision, logistics, supply-chain